Quebecor Sells Check, Credit Card Divisions
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The transaction is subject to compliance with regulatory requirements. MDC will pay Quebecor Printing C$55 million in cash and the balance in MDC shares.
Charles Cavell, president and CEO of Quebecor Printing, notes, "The sale of our check and card divisions will allow us to keep a more concentrated, strategic focus on our core printing businesses and on how we serve our customers around the world.
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